SIRI Daily Thread 4.23.2013 - Law 19 Tuesday!

Law 19
Know Who You’re Dealing with – Do Not Offend the Wrong Person
There are many different kinds of people in the world, and you can never assume that everyone will react to your strategies in the same way. Deceive or outmaneuver some people and they will spend the rest of their lives seeking revenge. They are wolves in lambs’ clothing. Choose your victims and opponents carefully, then – never offend or deceive the wrong person.

Well, I return from the auto repair and service store with a $1600 estimate in hand, to find a nice uptick in my portfolio today which should amply cover the wheel bearings, brakes, and a few other worn items needing attention. Nice to see the apparent pre CC gains in SIRI; are we expecting this to continue its climb?

Denco, it must be a good feeling to see the Lakers gasping for help as your Spurs ready for game two tomorrow night. I feel confident they, and the Heat tonight will easily handle this first phase of the playoffs. The next round might be a bit more challenge.......... Now I have gone brain dead all of a sudden........... Are the playoffs a best of 5 set of games until the finals which is best of seven?.................. this sucks when the brain lays a big turd like I'm experiencing today.

Well, I return from the auto repair and service store with a $1600 estimate in hand, to find a nice uptick in my portfolio today which should amply cover the wheel bearings, brakes, and a few other worn items needing attention. Nice to see the apparent pre CC gains in SIRI; are we expecting this to continue its climb?

Denco, it must be a good feeling to see the Lakers gasping for help as your Spurs ready for game two tomorrow night. I feel confident they, and the Heat tonight will easily handle this first phase of the playoffs. The next round might be a bit more challenge.......... Now I have gone brain dead all of a sudden........... Are the playoffs a best of 5 set of games until the finals which is best of seven?.................. this sucks when the brain lays a big turd like I'm experiencing today.

Hi SLY....they are all a best of 7 through to the finals. A few years back the first round was a best of 5. The Heat will cruise all the way to the East finals while my Spurs should get past the Lakers but run into more difficulties thereafter.

I caught a Bloomberg alert earlier in the day re: the board upping the buyback by $50b -- a lot of folks consider buybacks and dividends to be a sign of problems - some say current; others lean towards future problems that are desired to be glazed.

Regardless, a quick look at the chart indicates that there's plausibility that there's more room on the downside than up -- at least, there appears to be a channel from October-present that has it looking towards sub $300.